Goldman Sachs says the AI-driven capex surge is providing stronger and more durable support to South Korea's chip cycle than expected; the resulting large current-account surplus should persist through year-end. Goldman forecasts South Korea's full-y

2026-06-23

Goldman Sachs says the AI-driven capex surge is providing stronger and more durable support to South Korea's chip cycle than expected; the resulting large current-account surplus should persist through year-end. Goldman forecasts South Korea's full-year exports will exceed $1 trillion and the current-account surplus will rise to about 15% of GDP.